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Holy Ashura to be observed on July 6

2025-06-27 00:00:00

The holy Ashura, commemorating the martyrdom of Hazrat Imam Hussein (RA), the grandson of Prophet Muhammad (PBUH) at the Battle of Karbala, will be observed in the country on July 06 as the moon of the month of Muharram was...

NBR Reform Unity Council urges CA's help to resolve 'deadlock'

FE REPORT | 2025-06-27 00:00:00

The National Board of Revenue (NBR) Reform Unity Council, a group of protesting officials and staff, has called for urgent intervention of Chief Adviser Professor Muhammad Yunus to break the ongoing deadlock at the NBR."Given the current circumstances, we believe...

MSMEs face financing gap of $2.8 billion

FE REPORT | 2025-06-27 00:00:00

Micro, Small, and Medium Enterprises (MSMEs) Day 2025 will be observed in Bangladesh today (Friday) along with the rest of the world. Recognising the critical role of MSMEs worldwide, the United Nations (UN) announced June 27 as the International MSME...

Bangladesh's ties with India reshaping, not cold: Adviser

FE REPORT | 2025-06-27 00:00:00

Bangladesh's post-uprising ties with India are not cold but at the stage of 'readjustment' now, said Foreign Adviser Towhid Hossain Thursday, also dispelling hearsay over new alliance with China and Pakistan.The adviser of the interim government made the observations on...

Shadows of the algorithm

Matiur Rahman | 2025-06-27 00:00:00

In the unfolding saga of the 21st century, the global economic landscape is undergoing a metamorphosis so profound that many traditional concepts struggle to keep pace. What appears on the surface as a natural extension of capitalism has morphed into...

Medicines made of flour!

2025-06-27 00:00:00

Yes, medicine can be made from flour, semolina, sugar! This is what some would like us to believe. It's like the story where Jamal tells Kamal: "My uncle can jump off a 10-storey building!" When asked what happened next, Jamal...

Stop common room culture

2025-06-27 00:00:00

The so-called "common room culture" in public universities has long been a deeply troubling issue. In these common rooms, which are meant for two or three students, are crammed with eight to ten individuals, making it nearly impossible to study...

Danger of extra bumpers on vehicles

Shiabur Rahman | 2025-06-27 00:00:00

With the passage of time, advancement of technology and change in focus, vehicle bumpers have gone through massive improvements since the first bumper on vehicles appeared in 1897. At the early stage of automobile industry development, bumpers were made of...

When aggressor turns mediator of peace

Nilratan Halder | 2025-06-27 00:00:00

The dark episode of the human civilisation involving the Jewish people has become darker with the descendants of the holocaust victims turning the perpetrators of the same crime. A state for the Europe's displaced Jewish was created at the initiative...

Risk-based supervision by central bank

2025-06-27 00:00:00

The central bank has announced that it will roll out risk-based supervision (RBS) of banks on a full scale starting from January next year. According to the central bank governor, a pilot programme of the RBS framework is already underway...

China hosts Iranian, Russian defence ministers

2025-06-27 00:00:00

QINGDAO, June 26 (AFP): China hosted defence ministers from Iran and Russia for a meeting in its eastern seaside city of Qingdao on Thursday against the backdrop of war in the Middle East and a summit of NATO countries in...

Trump claims 'win' as NATO agrees massive spending hike

2025-06-27 00:00:00

THE HAGUE, June 26 (AFP): NATO countries agreed Wednesday to massively ramp up their defence spending to satisfy US President Donald Trump, who hailed it as a "monumental win" for America-and reaffirmed his country's commitment to protect its European allies.Trump...

EU leaders meet to discuss tougher Russia sanctions, Middle East conflicts

2025-06-27 00:00:00

BRUSSELS, June 26 (AP): The heads of the European Union's 27 member nations was set to meet Thursday in Brussels to discuss tougher sanctions on Russia, ways to prevent painful new U.S. tariffs, and how to make their voices heard...

Israeli attacks kill 21 people in Gaza

2025-06-27 00:00:00

GAZA, June 26 (Reuters/BBC): Israeli gunfire and airstrikes killed at least 21 Palestinians in the Gaza Strip on Thursday, local health authorities said, as mediators reached out to Israel and Hamas to seek a resumption of ceasefire talks to end...

US, Iran will talk next week: Trump

2025-06-27 00:00:00

DUBAI, June 26 (AP/AFP): Israel and Iran seemed to honour the fragile ceasefire between them for a second day Wednesday and U.S. President Donald Trump asserted that American and Iranian officials will talk next week, giving rise to cautious hope...

National Seminar on Sustainable Management of Solid Wast

2025-06-27 00:00:00

As part of the 3-day long National Seminar organised by the Department of Environment (DoE) to mark World Environment Day 2025, a dedicated thematic session titled "Sustainable Management of Solid Waste: Challenges, Opportunities, and the Way Forward" was held at...

India wants power distribution companies to act faster on clean energy deals

2025-06-27 00:00:00

India's power ministry has proposed a new rule that would require electricity distribution companies to take quicker action after signing deals to buy power from clean energy projects, reports Reuters.Under the draft rule dated June 25, distribution companies must ask...

Gold gains on weaker dollar, spotlight turns to US inflation data

2025-06-27 00:00:00

Gold gained on Thursday as the US dollar weakened due to concerns over the US Federal Reserve's future independence while market focus shifted to upcoming US inflation data for clues on the interest rate outlook, reports Reuters.Spot gold rose 0.2...

Oil steady as investors shift focus to demand signals

2025-06-27 00:00:00

LONDON, June 26 (Reuters): Oil prices edged higher on Thursday as investors remained cautious about the Iran-Israel ceasefire and shifted their attention to market fundamentals after a stockdraw in the United States.Brent crude futures rose 34 cents, or 0.5 per...

Ministries cannot half do their works in 11 months

FHM HUMAYAN KABIR | 2025-06-26 12:00:00

Transport sector tooters over development-budget execution as at least four directly relevant ministries couldn't even half do their works in 11 months of the departing financial year, insiders say.The Ministry of Railways, Bridges Division, Shipping Ministry, and Civil Aviation and...

Tantiband Zamidar Bari in the jaws of disappearance

OUR CORRESPONDENT | 2025-06-26 12:00:00

PABNA, June 25: Tantiband Zamindar Bari (House of Tantiband Zamindar), a historic zamindar house in Sujanagar upazila of Pabna district, is set to lose its existence very fast for want of necessary maintenance and care. The zamindar house, built around...

Starmer faces rebellion over welfare cuts

2025-06-26 00:00:00

LONDON, June 25 (AFP): British Prime Minister Keir Starmer on Wednesday doubled down on controversial plans to cut disability and sickness welfare, amid the biggest rebellion by lawmakers of his premiership.Labour's Starmer, who has had a bumpy first year in...

Lawsuits against climate action on the rise

2025-06-26 00:00:00

PARIS, June 25 (AFP): Legal efforts to block or unwind action on climate change are rising across the globe, new research showed Thursday, particularly in the United States which leads the world on anti-green litigation.This trend was expected to intensify...

Iranian parliament okays bill to suspend IAEA cooperation

2025-06-26 00:00:00

TEHRAN, June 25 (Reuters/AFP): Iran's parliament approved a bill on Wednesday to suspend cooperation with the U.N. nuclear watchdog, state-affiliated news outlet Nournews reported.The move, which needs the final approval of Iran's Supreme National Security Council to be enforced according...

US totally committed to collective defence pledge: NATO chief

2025-06-26 00:00:00

THE HAGUE, June 25 (AFP): NATO Secretary General Mark Rutte said on Wednesday that the United States was "totally committed" to the alliance's mutual defence clause, after President Donald Trump appeared to cast doubt on it."For me, there is absolute...

Trump sees 'progress' on Gaza truce

2025-06-26 00:00:00

JERUSALEM, June 25 (AFP): US President Donald Trump said Wednesday that "great progress" was being made to end the Israel-Hamas war in Gaza as a new ceasefire push began more than 20 months since the start of the conflict."I think...

Tesla sales skid in Europe despite EV rebound

2025-06-26 00:00:00

PARIS, June 25 (AFP): Tesla missed out on Europe's rebounding EV sales last month as the political activities of its CEO Elon Musk appear to continue to repel customers, industry data showed Wednesday.Tesla sold 40.2 per cent fewer cars in...

WB announces Lebanon, Syria reconstruction projects

2025-06-26 00:00:00

BEIRUT, June 25 (AFP): The World Bank (WB) announced on Wednesday it had approved $250 million to support Lebanon's post-war reconstruction and a $146 million grant to rehabilitate neighbouring Syria's electricity sector.Lebanon is reeling from last year's devastating war between...

Fed kicks off effort to ease bank leverage rules

2025-06-26 00:00:00

WASHINGTON, June 25 (Reuters): The Federal Reserve meets on Wednesday to advance a proposal that would ease leverage rules for banks, which would grant the industry a long-sought win they say will help big firms facilitate Treasury market trading.The central...

RBI to withdraw surplus funds to dampen money market's mood

2025-06-26 00:00:00

MUMBAI, June 25 (Reuters): The Indian central bank's decision to withdraw surplus liquidity from the banking system just weeks after a large rate cut and cash boosting measures has prompted an uptick in money market rates which may continue in...